The Arc of East Central Iowa

Analysis

The Arc of East Central Iowa is a registered charity in United States, based in Cedar Rapids, IA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, The Arc of East Central Iowa reported income of $3.3m and spending of $3.8m, spending 116% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $3.4m to $3.3m (-5.4%), an average of -1.4% a year. The sharpest change came in the year to June 2024, when income dropped by 36%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Arc of East Central Iowa sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within IA. Charities of a similar size with the same main cause include International Language Programs Inc ($3.3m), Society of Cardiovascular Computed Tomography ($3.3m) and Masters Academy of Vero Beach Inc ($3.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 25% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $214k (5.7% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $8.8m against liabilities of $280k, net assets of $8.5m. It reported 227 employees.